Quanterix reports Q2 EPS (16c), consensus (38c)

Reports Q2 revenue $31.0M, consensus $25.89M. “Since launching our corporate transformation, we’re pleased with the accelerating progress as evidenced by both financial and business results,” said Masoud Toloue, President and CEO of Quanterix. “In under a year, our talented team has implemented fundamental change to business operations, with cash flow break-even being a key milestone, that said, we intend to continue to invest in scaling and supporting the important work performed on our Simoa platform, that we believe will change the way we understand, test, and treat neurological diseases.”